Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Significant Increase in Short Interest

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 56,427 shares, a growth of 84.9% from the September 15th total of 30,524 shares. Based on an average daily trading volume, of 135,824 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in BSJS. Geneos Wealth Management Inc. lifted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 3.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 13,561 shares of the company’s stock valued at $294,000 after purchasing an additional 460 shares in the last quarter. Royal Bank of Canada increased its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 0.4% during the first quarter. Royal Bank of Canada now owns 250,641 shares of the company’s stock worth $5,436,000 after acquiring an additional 1,004 shares during the last quarter. IMA Advisory Services Inc. increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 3.6% in the first quarter. IMA Advisory Services Inc. now owns 30,174 shares of the company’s stock worth $654,000 after buying an additional 1,053 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 3.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 39,549 shares of the company’s stock worth $860,000 after purchasing an additional 1,382 shares during the last quarter. Finally, Topsail Wealth Management LLC increased its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 6.8% in the first quarter. Topsail Wealth Management LLC now owns 22,602 shares of the company’s stock valued at $490,000 after buying an additional 1,442 shares during the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

Shares of BSJS stock traded down $0.02 during trading hours on Friday, reaching $21.55. The company’s stock had a trading volume of 26,782 shares, compared to its average volume of 151,406. The firm’s fifty day simple moving average is $21.67 and its 200 day simple moving average is $21.75. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a one year low of $21.37 and a one year high of $22.11.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were paid a dividend of $0.1046 per share. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1086. This represents a $1.26 dividend on an annualized basis and a yield of 5.8%.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.